EURUSD has re-entered a resistance zone made from the previous structure lows and looks likley to break lower.
ECB chances of hiking rates in 2019 diminished as ECB President Draghi said monetary stimulus is needed.
If price breaks the supporting trendline look for further short opportunities into the 1.13000 support level.
ECB chances of hiking rates in 2019 diminished as ECB President Draghi said monetary stimulus is needed.
If price breaks the supporting trendline look for further short opportunities into the 1.13000 support level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.